Weak Norwegian krone triggers strong value growth for November seafood exports
Norway exported seafood worth NOK 16.7 billion in November. This is an increase of NOK 2.4 billion, or 17 per cent, compared to the same month last year.
“On 13 November, seafood exports surpassed the 2022 full-year export total of NOK 151.4 billion. This year, we expect the value of Norwegian seafood exports will exceed NOK 170 billion, for which we can largely thank the weak Norwegian krone”,
Inshore Norwegian cod, Skrei and haddock granted MSC-recertification
Good news just before the big cod season starts: Norwegian cod, Skrei and haddock caught within 12 nautical miles are once again MSC-certified.
Coastal fishing for cod and haddock has over the last year been in a recertification process to regain their MSC certificates. The Norwegian Fishermen's Association has had project responsibility for this certification in collaboration with the sales t
Seafood exports totalled NOK 18.4 billion in October
Norway exported NOK 18.4 billion worth of seafood in October. This is an increase of NOK 3.3 billion, or 22 per cent, compared to the same month last year.
Never has Norway exported a higher value of seafood in a single month than in October. The last top quotation from a single month originates from March this year. The export value then ended at NOK 15.7 billion.
Best single month ever
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Andreas Thorud departs from the Seafood Council's operations in China
After around two and a half years in the role, Andreas Thorud has chosen to resign from his position as the seafood representative to China and has announced a move to Nordic Aqua Partners.
This means that the Seafood Council will soon begin recruiting a new representative for our office in Shanghai. The company aims to carry out a thorough and efficient recruitment process to ensure a smooth t
Another strong quarter for Norwegian seafood exports, but a decline in value measured in euros
Norway exported NOK 42.1 billion worth of seafood in the third quarter. This is an increase of NOK 3.7 billion, or 10 per cent, compared to last year.
”In terms of value, Norwegian seafood exports are still doing well. Salmon, trout, cod and pollack have had a historically strong third quarter behind them. However, it is still the weak Norwegian krone that is the most important driver of value
Weak Norwegian krone in August brought new growth for seafood exports
Norway exported NOK 14.2 billion worth of seafood in August. This is an increase of NOK 1.8 billion, or 15 per cent, compared to the same month last year.
“The devaluation of the krone is the main reason for the increase in the export value. In August, the Norwegian krone was as much as 16 per cent weaker against the euro than in the same month last year. This explains almost the entire increas
Norwegian seafood exports totalled NOK 12.4 billion in July.
Year-on-year, seafood exports for the first seven months of this year have increased by NOK 13 billion, or 16 per cent, to reach a total value of NOK 94.4 billion. In July there has been a price increase for products such as fresh salmon fillets, cod clipfish and frozen whole mackerel, at the same time, Norway exported somewhat less cod, saithe and herring than July last year.
Norway exported NOK 82.3 billion of seafood in the first half of 2023
In the first half of this year, Norway exported NOK 82.3 billion worth of seafood. This is an increase of NOK 12.3 billion, or 18 per cent, compared to the first half of last year.
“In terms of value, Norwegian seafood exports have never had a stronger first half of the year. A combination of a weak Norwegian krone and high global food inflation has resulted in a sharp rise in prices for our mo
Norway exported seafood worth NOK 13,1 billion in May – saved by the weak krone
Norway exported NOK 13.1 billion worth of seafood in May. This is an increase of NOK 816 million, or 7 per cent, compared to the same month in 2022.
“As in April, we also see a significant currency effect in May. The weak Norwegian krone alone contributed to an increase in export value of around NOK 1.5 billion last month. Without this currency development, there would have been a decline in ex
Currency effects resulted in value growth for seafood exports in April
Norway exported NOK 12.9 billion worth of seafood in April. This is an increase of NOK 1.6 billion, or 14 per cent, compared to the same month last year.
“For Norway as a seafood nation, it is positive that the value of export products continues to increase, but the growth in April is solely due to a currency effect. Measured in euros, the export value fell by more than 5 per cent and in dollar
Norway exported NOK 41.4 billion worth of seafood in the first quarter.
Norway exported NOK 41.4 billion worth of seafood in the first quarter. This is an increase of NOK 7.4 billion, or 22 per cent, compared to the same period last year.
“Norwegian seafood exports have come through a historically strong quarter in terms of value. A significantly weaker Norwegian krone and price growth in the markets for species such as salmon, cod, trout, pollock and herring is th